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Mohanraj Ramasamy
Founder and CEO
Mohanraj Ramasamy is the Founder and Chief Executive Officer of Srivaru Motors, a company focused on developing premium electric motorcycles. He has played a pivotal role in the company since its inception in March 2018, also serving as the Managing Director of Srivaru Motors Pvt Ltd. and as the CEO of Srivaru Holding Ltd. since June 2021.13
Background and Experience
Before founding Srivaru Motors, Ramasamy worked at Tesla from 2012 to 2015, where he held various roles across the organization, including in vehicle engineering and eCommerce platform development.35 He possesses over two decades of experience in the automotive and technology sectors, with a strong focus on electric vehicles (EVs). His education includes an engineering degree in Computer Technology from Nachimuthu Polytechnic College and an Executive MBA from the University of San Francisco, which he completed in 2015.34
Vision for Srivaru Motors
Under Ramasamy's leadership, Srivaru Motors aims to capture a significant share of the rapidly growing electric vehicle market. The company has developed India's fastest mass production electric motorcycle, emphasizing state-of-the-art technology and a capital-efficient business model designed to enhance product margins.12 Ramasamy has expressed confidence in the company's potential to drive shareholder value, particularly given the expected growth of the Indian EV market, projected to exceed $36 billion by 2027.2
Current Developments
Recently, Srivaru Motors successfully completed a business combination with Mobiv Acquisition Corp, leading to its shares beginning trading on Nasdaq under the ticker symbol “SVMH” as of December 11, 2023.12 This strategic move is part of Ramasamy's broader vision to expand Srivaru's footprint in both Indian and global markets.
In summary, Mohanraj Ramasamy is a seasoned executive with a robust background in technology and automotive industries, driving innovation at Srivaru Motors as it seeks to revolutionize the electric motorcycle landscape.